"The drilling contractor has confirmed the project is easy and so can be completed more quickly than expected at considerable time saving which should mitigate administrative delays. The company is geared up to start once we receive the final paperwork to import the equipment.”
It’s the paper work which is the delay. Transporting the rig will take a few days, they won’t need to do much to “assemble it” the rigs are built ready to rock and roll. Once the drill hits the ground they will be pulling samples out like they are gold drillers from the Dominican Republic.
Remember if it wasn’t for the duty they would already have the drills in the ground so your logic doesn’t stand.
We’ll be smoking cigars by February!
DDD Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held